Bazan Group signs supply agreement with UBQ Materials for climate-positive thermoplastic

Bazan Group's subsidiary Carmel Olefins signed a long-term supply agreement with UBQ Materials to incorporate UBQ's climate-positive thermoplastic into resin production. Initial supply will come from UBQ's facility in Tze'elim, Israel, with subsequent supply of 10,000 annual tons from a Netherlands facility expected in Q4 2022.

“Bazan Group’s wholly-owned subsidiary, Carmel Olefins, together with UBQ Materials, announced today an agreement to incorporate the patented bio-based material, UBQ™, with the resin production of CAOL.”ubqmaterials.com

• 1 source
• ubqmaterials.comBazan Group Inks Deal with UBQ Materials to Incorporate Climate Positive Thermoplastic into Resin Product Lines - UBQ MaterialsUBQ Editorial TeamOct 25, 2021

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